Insurance Managing Broker Salary in California

How much does an Insurance Managing Broker make in California? The average Insurance Managing Broker salary in California is $235,815 as of May 27, 2021, but the range typically falls between $189,782 and $294,777. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession. View the Cost of Living in California

About California    California is a state in the Pacific Region of the United States. With 39.6 million residents, California is the most populous U.S. state and the thir....More

Job Description

Develops and markets customer business to different insurance carriers to obtain quotes based on an evaluation and analysis of the customer's insurance needs and requirements. Assesses and negotiates quotes from different carriers based on exposure, risk, and financing. Develops recommendations to advise customers on the best options that will meet their needs and to place and retain the business. Requires knowledge of complex insurance products and a variety of lines such as commercial property & casualty, employee benefits, and others. Requires a bachelor's degree. Requires insurance licensing. May also require professional credentials such as CPCU (Chartered Property Casualty Underwriter), CIC (Certified Insurance Counselor), or ARM (Associate in Risk Management). Typically reports to a supervisor or manager. Work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. Typically requires 7+ years of related experience. (Copyright 2021 Salary.com)

Select a city to view specific salary and bonus information for Insurance Managing Broker

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Location Avg. Salary Date Updated
Location Acampo, CA Avg. Salary $229,873 Date Updated May 27, 2021
Location Acton, CA Avg. Salary $242,234 Date Updated May 27, 2021
Location Adelanto, CA Avg. Salary $228,594 Date Updated May 27, 2021
Location Adin, CA Avg. Salary $218,729 Date Updated May 27, 2021
Location Agoura Hills, CA Avg. Salary $237,263 Date Updated May 27, 2021
Location Aguanga, CA Avg. Salary $229,334 Date Updated May 27, 2021
Location Ahwahnee, CA Avg. Salary $213,165 Date Updated May 27, 2021
Location Alameda, CA Avg. Salary $256,540 Date Updated May 27, 2021
Location Alamo, CA Avg. Salary $255,936 Date Updated May 27, 2021
Location Albany, CA Avg. Salary $256,540 Date Updated May 27, 2021

Career Path for this job

  1. Down a level:

    Insurance Senior Broker

    4 - 7 years experience
    Bachelor's Degree

  2. This Job:

    Insurance Managing Broker

    7 + years experience
    Bachelor's Degree

  3. Up a level:

    Insurance Broker Executive


    Bachelor's Degree

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